Wecon Holdings Faces HK$0.28-Per-Share Privatisation and Delisting Plan

The latest announcement is out from Wecon Holdings Ltd. ( (HK:1793) ).

Wecon Holdings Limited is the target of a proposed privatisation led by Triple Arch Limited, a British Virgin Islands–incorporated offeror, which plans to acquire all scheme shares and subsequently withdraw Wecon’s listing from the Hong Kong Stock Exchange. The structure involves cancelling existing scheme shares at HK$0.280 in cash per share and issuing an equivalent number of new fully paid shares to the offeror, effectively transferring full control while also cancelling shares held under the company’s award plan, with no dividends expected before the deal is implemented or lapses.

The proposal, launched on 26 February 2026 under a scheme of arrangement pursuant to Cayman Islands law, will proceed subject to customary conditions and approvals, including the scheme becoming effective and listing withdrawal being cleared. The move signals a strategic shift to take Wecon private, potentially reshaping its ownership and governance while removing public market scrutiny, and it will determine the exit value for minority shareholders whose shares are cancelled in exchange for cash.

The most recent analyst rating on (HK:1793) stock is a Hold with a HK$0.34 price target. To see the full list of analyst forecasts on Wecon Holdings Ltd. stock, see the HK:1793 Stock Forecast page.

More about Wecon Holdings Ltd.

Wecon Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the construction and engineering sector. The company’s shares trade under stock code 1793, and its capital structure includes an award plan under which shares are held on trust for potential employee incentives.

Average Trading Volume: 734,000

Technical Sentiment Signal: Buy

Current Market Cap: HK$260M

For an in-depth examination of 1793 stock, go to TipRanks’ Overview page.